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Multifamily in Miami, FL 33127
Buena Vista Gardens, 5710 NW 5th Ave

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Closed
$285,000
$130K
Estimate Payment $1,702Closing Costs
Beds
1,300
SqFt
$219
$/SqFt
Sold - Nov 21, 2023
Premium Multifamily
Built in 1946
Fence
Great investment opportunity! Situated just minutes away from the ever-thriving Design District and Wynwood area, is this income-producing detached housing unit in historic Buenavista Gardens. This property consists of two separate living structures — the main home is a 3 bed/1 bath; while the rear residence is a 1 bed/1 bath. Unique in design w/ character. Both buildings had roofs replaced. Both properties will require a reno to restore them to their full glory. Both units are currently rented *significantly* under rental market value. High ROI if updated and priced accordingly. Quiet neighborhood. Lot is zoned for multi-units; newly constructed duplexes are being built on this same street. Many options with this purchase. ABNB allowed. This investment is a smart hedge against inflation.
MLS Number: A11438418
On Site: 1147 Days
Updated: 42 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Fence, FruitTrees, Patio, RoomForPool, Shed
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir, CeilingFans
      Building and Construction
      • Floor Description: Hardwood,Tile,Wood
      • Year Built: 1946
      • Year Built Description: Effective Year Built
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-08-18T12:55:00.000-00:00
        Taxes, Fees & More
        • Taxes: 3136

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        Price History

        Current
        $285K
        High
        $415K
        Low
        $285K
        Total Change
        -31.3%
        $431K$350K$269KAug 23Sep 23Nov 23Sep 23
        Date
        Event
        Price
        Change
        Price Per
        09/13/2023
        Sold
        $285K
        -4.97%
        $219 ft2
        $2,360 m2
        11/21/2023
        Price Reduced
        $300K
        -24.84%
        $231 ft2
        $2,483 m2
        09/13/2023
        Price Reduced
        $399K
        -3.86%
        $307 ft2
        $3,304 m2
        08/18/2023
        Listed
        $415K
         
        $319 ft2
        $3,436 m2
        09/13/2023
        $285K
        Event
        Sold
        Change
        -4.97%
        Price Per
        $219 ft2
        $2,360 m2
        11/21/2023
        $300K
        Event
        Price Reduced
        Change
        -24.84%
        Price Per
        $231 ft2
        $2,483 m2
        09/13/2023
        $399K
        Event
        Price Reduced
        Change
        -3.86%
        Price Per
        $307 ft2
        $3,304 m2
        08/18/2023
        $415K
        Event
        Listed
        Price Per
        $319 ft2
        $3,436 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Cindy Abreu • Real Estate Sales Force • Buyer Agency Compensation .

        Transit & Commute from Buena Vista Gardens

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        52
        Traffic score
        Heavy traffic at peak hours
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        Scores

        Walk Score®
        Somewhat Walkable. Some errands can be accomplished on foot
        66
        100
        Transit Score®
        Good Transit. Many nearby public transportation options
        51
        100
        Bike Score®
        Bikeable. Some bike infrastructure
        54
        100
        Sound Score®
        Very loud
        62
        100
        Airport Score
        Close to airports. Noticeable airport activity
        0
        100
        Traffic Score
        Heavy traffic at peak hours
        52
        100
        Local Score
        Limited local amenities nearby
        3
        100
        Community Snapshot
        2 – 3 BR
        Bedrooms
        $300K – $1.4M
        Price Tier
        602 - 3,610
        SqFt Range
        1952
        Year Build
        2
        Total Floors

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        The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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